IRA

Traditional IRA—contributions may be fully tax deductible for up to $5,500 per year. Contribute an additional $6,500 total if you are age 50 or better. After age 59 ½ withdraw funds without an IRA premature penalty. ROTH IRA—Allows earning to grow tax-exempt. Contribute up to $5,500 per year or an additional $6,500 total if you are age 50 or better. Deposits can be withdrawn at any time without tax or IRS penalty. Ask about income requirements. No age requirements.

IRA Savings

Roth IRA

Allows earning to grow tax-exempt. Contribute up to $5,500 per year or an additional $6,500 total if you are age 50 or better. Deposits can be withdrawn at any time without tax or IRS penalty. Ask about income requirements. No age requirements